TEAM'ACTION: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TEAM'ACTION
Largest movements
- Receivables within one year +€86,809
up €86,809 (+191.6%), from €45,306 to €132,115
of which Other amounts receivable: +€45,900
- Tangible fixed assets +€18,395
up €18,395 (+66.7%), from €27,578 to €45,972
of which Furniture and vehicles: +€9,400
- Cash -€5,809
down €5,809 (-100.0%), from €5,809 to €0
mainly Receivables within one year (-€86,809) and Other debts (-€38,410)
- Trade debts +€89,769
up €89,769 (+3542.9%), from €2,534 to €92,302
- Advances received +€49,275
new in 2025: €49,275
- Other debts -€38,410
down €38,410 (-100.0%), from €38,410 to €0
- Other operating charges +€3,251
up €3,251 (+996.1%), from €326 to €3,578
- Gross operating margin +€3,248
up €3,248 (+31.6%), from €10,277 to €13,524
- Financial income +€2,590
up €2,590 (+4316483.3%), from €0 to €2,590
- Taxes +€2,250
up €2,250, from -€590 to €1,660
- Depreciation +€851
up €851 (+9.6%), from €8,855 to €9,705
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,693 | €178,902 | +€100,209 | +127.3% |
| Fixed assets | 21/28 | €27,578 | €45,972 | +€18,395 | +66.7% |
| Tangible fixed assets | 22/27 | €27,578 | €45,972 | +€18,395 | +66.7% |
| Plant, machinery and equipment | 23 | €1,461 | €10,456 | +€8,995 | +615.5% |
| Furniture and vehicles | 24 | €26,116 | €35,517 | +€9,400 | +36.0% |
| Financial fixed assets | 28 | €0 | €0 | = | 0.0% |
| Current assets | 29/58 | €51,115 | €132,929 | +€81,814 | +160.1% |
| Amounts receivable within one year | 40/41 | €45,306 | €132,115 | +€86,809 | +191.6% |
| Trade receivables | 40 | €40,365 | €81,275 | +€40,910 | +101.4% |
| Other amounts receivable | 41 | €4,941 | €50,841 | +€45,900 | +928.9% |
| Cash at bank and in hand | 54/58 | €5,809 | €0 | -€5,809 | -100.0% |
| Deferred charges and accrued income | 490/1 | - | €814 | +€814 | |
| Total equity and liabilities | 10/49 | €78,693 | €178,902 | +€100,209 | +127.3% |
| Equity | 10/15 | €34,360 | €35,455 | +€1,096 | +3.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €5,859 | €5,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €5,859 | €5,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,908 | €11,004 | +€1,096 | +11.1% |
| Amounts payable | 17/49 | €44,333 | €143,446 | +€99,113 | +223.6% |
| Amounts payable within one year | 42/48 | €44,333 | €143,446 | +€99,113 | +223.6% |
| Financial debts | 43 | - | €4 | +€4 | |
| Credit institutions | 430/8 | - | €4 | +€4 | |
| Trade debts | 44 | €2,534 | €92,302 | +€89,769 | +3542.9% |
| Suppliers | 440/4 | €2,534 | €92,302 | +€89,769 | +3542.9% |
| Advances received on contracts in progress | 46 | - | €49,275 | +€49,275 | |
| Taxes, remuneration and social security | 45 | €3,389 | €1,865 | -€1,524 | -45.0% |
| Taxes | 450/3 | €3,389 | €1,865 | -€1,524 | -45.0% |
| Other amounts payable | 47/48 | €38,410 | €0 | -€38,410 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,855 | €9,705 | +€851 | +9.6% |
| Other operating charges | 640/8 | €326 | €3,578 | +€3,251 | +996.1% |
| Gross operating margin | 9900 | €10,277 | €13,524 | +€3,248 | +31.6% |
| Operating profit (loss) | 9901 | €1,095 | €241 | -€854 | -78.0% |
| Financial income | 75/76B | €0 | €2,590 | +€2,590 | +4316483.3% |
| Recurring financial income | 75 | €0 | €2,590 | +€2,590 | +4316483.3% |
| Financial charges | 65/66B | €367 | €76 | -€290 | -79.2% |
| Recurring financial charges | 65 | €367 | €76 | -€290 | -79.2% |
| Profit (loss) for the period before taxes | 9903 | €729 | €2,755 | +€2,026 | +278.0% |
| Income taxes | 67/77 | -€590 | €1,660 | +€2,250 | |
| Profit (loss) for the period | 9904 | €1,319 | €1,096 | -€224 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,319 | €1,096 | -€224 | -17.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.